Chicago, IL – January 4, 2019 – Svoboda Capital Partners LLC (“SC”) is pleased to announce that it has exited its investment in One North Interactive LLC (“One North”), which has been acquired by TEKsystems Global Services, LLC (“TEKsystems”).
Headquartered in Chicago, Illinois, One North is a leading digital marketing consultancy focused on assisting B2B organizations in using digital brand strategy, user experience, creative, social media and technology to create unique and meaningful customer experiences. One North works collaboratively to create digital experiences that intelligently connect business strategy and marketing activities.
“SC has been a dedicated partner and we have valued their integrity, guidance, and support from the outset of our relationship. SC’s insights were critical in helping grow One North and we are very pleased with the successful outcome of our partnership,” said John Simpson, CEO of One North. “We look forward to joining TEKsystems Global Services, a global leader in specialized technology services, to further build One North’s market presence and continue growing the business.”
Svoboda Capital Partners originally recapitalized One North in partnership with management in May 2016. “On behalf of SC, we have truly enjoyed working with the talented group of professionals at One North. Under management’s leadership, the team has continued to strengthen its digital services offering and provide clients the tools needed to grow in a constantly evolving digital world,” said John Svoboda, Managing Director at Svoboda Capital Partners. “We are confident One North has a very bright future and look forward to tracking their continued success as part of TEKsystems.”
About Svoboda Capital Partners LLC
Svoboda Capital Partners LLC is a Chicago-based private equity firm with over $400 million of capital under management. Founded in 1998, SC identifies, invests in and helps build excellent businesses in its targeted business niches: business services, value-added distribution, and consumer products. SC typically makes investments of $10 to $20 million per company in partnership with management teams. For more information on SC, please visit www.svoco.com